profit from every $100 of sales.
$0$100
Equinox Gold
$12.09+4.95% today
+3.2% in 1 year
1-year low $8.621-year high $18.76
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $63.73 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Equinox Gold sold, what it kept, and what it did with the cash.
Sales went from $952 million in 2022 to $1.82 billion in 2025, with $221 million of profit last year.
SalesProfit
Equinox Gold vs. similar companies
Equinox Gold grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Equinox Gold | 63.7× · Very expensive | ||
 Newmont | 18.4× · Fair price | ||
 Zijin Mining Group | 14.6× · Cheap | ||
 Agnico Eagle Mines | 22.8× · Fair price | ||
 Barrick Mining | 13.9× · Cheap |
AI analysis
An AI analyst reads Equinox Gold's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 952 | 1,088 | 913 | 1,817 | |
| 84 | 109 | 204 | 642 | |
| 10 | 36 | 152 | 432 | |
| 131 | 291 | 847 | 828 | |
| -106 | 29 | 339 | 221 | |
| -0.35 | 0.09 | 0.75 | 0.35 | |
| 8.8% | 10.0% | 22.4% | 35.3% | |
| 1.0% | 3.3% | 16.6% | 23.8% | |
| -11.1% | 2.7% | 37.2% | 12.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,856 | 4,350 | 6,714 | 10,535 |
| Cash | 201 | 192 | 239 | 407 |
| Total debt | 842 | 945 | 1,408 | 1,628 |
| Total liabilities | 1,505 | 1,908 | 3,316 | 4,740 |
| 2,352 | 2,442 | 3,398 | 5,795 | |
| 304 | 316 | 474 | 630 | |
| -1.4% | 1.7% | 10.3% | 3.3% | |
| -4.5% | 1.2% | 10.0% | 3.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 56 | 358 | 372 | 818 | |
| 557 | 523 | 412 | 692 | |
| -501 | -165 | -40 | 126 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 63.7×
- 8.7×
- –
- 2.0×
- 7.8×
- 112.0×
- 18.5×
- 0.9%
- 1.6%
- 0.3%
Profitability
- 35.3%
- 23.8%
- 12.2%
- 53.5%
- 3.4%
- 3.6%
- 10.7%
- 6.3%
- 9.3%
- –
Growth
- +24.0%
- –
- +83.2%
- –
- +27.5%
Financial health
- 1.5×
- 0.28
- 6.4%
- 1.7×
- 1.56
- 0.75
- 0.24
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 30%of 988
Top 20%of 948
Bottom 12%of 768
Top 14%of 927
Bottom 39%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.28 | 0.29 | −3.4% |
| Feb 18, 2026 | 0.34 | 0.21 | +58.9% |
| Nov 5, 2025 | 0.19 | 0.11 | +72.7% |
| Aug 13, 2025 | 0.11 | 0.03 | +280.9% |
| May 7, 2025 | -0.08 | 0.14 | −157.1% |
| Feb 19, 2025 | 0.17 | 0.18 | −5.6% |
| Nov 7, 2024 | 0.09 | 0.12 | −25.0% |
| Aug 7, 2024 | -0.01 | -0.01 | +0.0% |
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
0.0% of its profit
Room to growStretchedMore than it earns: 0.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
27No pass
Benjamin Graham
31No pass
Philip Fisher
39No pass
Peter Lynch
87Pass
Joel Greenblatt
2No pass
Charlie Munger
26No pass
Terry Smith
24No pass
Questions about Equinox Gold
Is Equinox Gold a good stock to buy?
A solid business, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Equinox Gold AI analysis
What does Equinox Gold do?
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. It primarily explores gold and silver deposits. It is in Gold, based in Vancouver, BC, Canada.
Does Equinox Gold pay a dividend?
Yes. At today's price the dividend is 0.3% a year.
Is Equinox Gold stock halal?
Yes. Equinox Gold passes our halal screen: its business is permitted and its debt is 12% of its market value, under the 30% limit. How we check
How has Equinox Gold stock done over the past year?
Up 3.2% over the past twelve months, to $12.09. It traded between $8.62 and $18.76 and is 35.6% below its high.
Who are Equinox Gold's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with Equinox Gold's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.